Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Myths that drain you
The Citizen
|March 25, 2025
TRUTHS: SOME INVALUABLE ADVICE TO HELP YOU TAKE FULL CONTROL OF YOUR FINANCES
When it comes to managing money, myths and misconceptions can be costly. Let's debunk some of the most common financial myths and uncover the truths to help you take control of your finances.
Myth 1: Debt is always bad
The truth: Not all debt is created equal. While credit card balances can drain your finances, other types of debt—such as a mortgage or a business loan—can be strategic if managed responsibly.
> Good debt: Enables growth, such as buying a home or financing a business.
> Bad debt: Covers consumption or depreciating assets on credit.
Takeaway: Eliminate bad debt while leveraging good debt to build wealth.
Myth 2: You need to be rich to invest
The truth: You can start investing with almost any amount.
Denne historien er fra March 25, 2025-utgaven av The Citizen.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Citizen
The Citizen
Dark clouds hanging over South Korea
Son Heung-min (right) and South Korea head to North America with a sense of foreboding threatening to envelop them, for what will surely be their talisman’s last World Cup.
1 mins
May 27, 2026
The Citizen
Motorists may pay more
CONTINGENCY: RAF ADD-ON TO LICENCE RENEWAL FEE WILL COST YOU
2 mins
May 27, 2026
The Citizen
Middlemen lacking French flair
I imagine every country has them but South Africa seems to have more than most.
4 mins
May 27, 2026
The Citizen
Moscow sees spate of wartime school attacks
When a teacher at a school in northwestern Russia tried to wake a 16-year-old pupil sleeping at his desk, he muttered: “You'll regret this.”
1 mins
May 27, 2026
The Citizen
Sabalenka through, Medvedev out
Aryna Sabalenka began her French Open campaign with a comfortable win yesterday.
1 mins
May 27, 2026
The Citizen
Churchill's 'playful' paintings go on show in London
As Britain’s wartime leader, Winston Churchill was known for his stirring speeches, but a new London exhibition explores another side to his creativity - as a passionate and prolific artist.
1 mins
May 27, 2026
The Citizen
‘No cause for concern’ over two new polio strains
There is no need for the public to be concerned after the detection of two different polio virus strains from wastewater sampled from a treatment plant, says department of health spokesperson Foster Mohale.
1 min
May 27, 2026
The Citizen
Mission to cool xeno anger
STRATEGY: SECURITY CLUSTER DEPUTY MINISTERS TO MONITOR ANTI-MIGRANT ACTIONS
2 mins
May 27, 2026
The Citizen
Long-term child hospital patients get education support
An initiative by a local doctor and non-profit organisation will ensure that children spending weeks or even months in hospital will be able to keep up with their schoolwork with a portable unit that transforms from a trolley bag into a desk, chair and solar-powered study station.
2 mins
May 27, 2026
The Citizen
Geely E5 delivers economy
COMPETITIVE: BUT DOES IT IMPRESS ENOUGH TO STAND OUT FROM A CROWDED FIELD?
3 mins
May 27, 2026
Listen
Translate
Change font size